Paratus Holdings Limited (Paratus) proudly welcomes Russell Day as its newest Chief Financial Officer, marking a strategic move for the firm poised for growth in the energy sector.
Gus Majed, CEO and founder of Paratus Group, expressed his excitement about Day’s appointment, emphasizing his wealth of experience within the industry.
Who is Russell Day?
Russell Day’s journey in the energy sector commenced at Morgan Stanley, where he dedicated 29 years to various senior finance roles. Throughout his tenure, Day served as EMEA & APAC Commodities Product Control Head, Head of EMEA FIC Product Control, and Managing Director, solidifying his expertise in financial operations.
Prior to joining Paratus, Day held pivotal positions as Co-Head and Co-CFO within the EMEA Institutional Securities Group at Morgan Stanley. Additionally, he contributed his insights to consulting firm Detillens and collaborated with startup battery technology developer Integrals Power in non-executive and advisory capacities.
Established in 2020, Paratus Holdings Limited stands as the pioneer reinsurer specializing in underwriting energy price risk globally. As a portfolio company of Ara Partners, a leading global private equity and infrastructure firm, Paratus is committed to collaborating with clients in renewable energy, maritime, and aviation sectors. Their mission is to provide innovative solutions against energy price risk, safeguard revenues, and optimize IRRs.
